How many franchised Ledgers outlets were operating at the end of 2022?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of Year | Outlets at the End of Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 7 | 8 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 42–45)
What This Means (2025 FDD)
According to Ledgers' 2025 Franchise Disclosure Document, there were 8 franchised outlets operating at the end of 2022. At the start of 2022, there were 7 franchised outlets. During 2022, the franchise system experienced a net increase of 1 franchised outlet.
It is important to note that while the total number of franchised Ledgers outlets increased, this does not reveal the entire picture of outlet activity. For example, the number of outlets opened, terminated, or otherwise ceasing operations during the year. Reviewing the table that breaks down outlet activity by state can provide further insights into the stability and growth of the franchise system in specific geographic areas.
Prospective franchisees should investigate not only the net change in outlet numbers but also the reasons behind any closures or terminations. Understanding these factors can help in assessing the overall health and stability of the Ledgers franchise system and in making informed decisions about investing in a franchise.